The Latest Breaking News from Swiss National Bank

“It’s better to be called boring or stubborn than for people to say I’m pursuing the wrong monetary policy," Thomas Jordan said.

Down 98% from all-time highs, Virgin Galactic stock remains a high-risk investment, given its negative profit margins and cash burn rate.

Switzerland exited the era of negative interest rates on Thursday when its central bank joined others around the world in tightening monetary policy more aggressively to combat resurgent inflation.

UK central bank predicts economy shrank for second quarter in a row, after shops closed and many stayed at home for Queen Elizabeth II’s state funeral

The world’s top central bankers delivered a stern and unified message on the need to curb inflation, declaring at Jackson Hole, Wyoming, that it is broad based, here to stay and will require their forceful action.

Investors wary as other central banks follow US Federal Reserve in raising borrowing costs

Swiss National Bank Chairman Thomas Jordan noted that Bitcoin (CRYPTO: BTC) does not currently meet the requirements of its currency reserves, but if the conditions are met, the institution could arrange for its acquisition quickly.